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Texas oil lease · RRC district 08 · Lease 37712

Producing

COCHRAN

Cochran is an oil lease in Pecos County, Texas, operated by Olsen Energy Inc. in the Pecos Valley (Devonian) field. The Railroad Commission shows 491 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 2 wells

491bbl oil, last 12 months−11% vs prior year
RRC lease
08-37712

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County · RRC district 08Open Pecos County →
Gas, last 12 months
129 mcf
Oil in Jul 2026
31 bbl
Reporting to the state
since Jan 2020
Wells
2

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 11% over the last 12 months

491 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for COCHRAN, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 491 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.Last 12 months: 491 bblbbl per monthmcf per month002520050400756001008001251,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 11% over the last 12 monthsMonthly oil production and gas for COCHRAN, Aug 2023 to Jul 2026. Oil output fell 11% over the last 12 months. 491 bbl in the 12 months through Jul 2026, against 554 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002520050400756001008001251,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 37712, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

Since Jan 2024 the lease's gas goes to a transmission line instead of a processing plant

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.

  • Processing plant (3)
  • Transmission line (2)
Since Jan 2024 the lease's gas goes to a transmission line instead of a processing plantShare of COCHRAN gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2024 the lease's gas goes to a transmission line instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of the lease’s gas by disposition code, per month0%50%100%Jan 2024: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jan 2024 the lease's gas goes to a transmission line instead of a processing plantShare of COCHRAN gas by disposition code each month, Aug 2023 to Jul 2026. Since Jan 2024 the lease's gas goes to a transmission line instead of a processing plant. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.Share of gas by disposition code0%50%100%Jan 24: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 37712, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the last 12 months.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

The operator changed 2 times, most recently in Dec 2023

If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.

Operators of this lease over timeIncline Energy, Jan 2020 to Nov 2020; Pecos River Exploration, LLC, Dec 2020 to Nov 2023; Olsen Energy Inc., Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Dec 2023Incline EnergyJan 2020 to Nov 2020Pecos River Exploration, LLCDec 2020 to Nov 2023Olsen Energy Inc.Dec 2023 to now
Operators of this lease over timeIncline Energy, Jan 2020 to Nov 2020; Pecos River Exploration, LLC, Dec 2020 to Nov 2023; Olsen Energy Inc., Dec 2023 to Jul 20262020202120222023202420252026Changed Dec 2020Changed Dec 2023Incline EnergyJan 2020 to Nov 2020Pecos River Exploration, LLCDec 2020 to Nov 2023Olsen Energy Inc.Dec 2023 to now

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

2 wells on this lease

Every well the Railroad Commission links to oil lease 37712 in district 08. The API number is the state’s ID for a well.
Wells on COCHRAN
API numberWell no.Status
42-371-102514Active
42-371-376621Active

SourceTexas Railroad Commission Wellbore Query, district 08, lease 37712.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.
  • Oil

    Enterprise Crude Oil LLC gathers it.

    100% of it, on the list since Feb 1, 2016

  • Gas from oil wells

    Dcp Operating Company, LP buys and gathers it.

    Dcp Operating Company, LP buys it: 100% of it, on the list since Dec 1, 2020 · Dcp Operating Company, LP gathers it: 100% of it, on the list since Dec 1, 2020

Companies that used to be listed: Energy Transfer Company (gathers it, until Dec 1, 2020); Energy Transfer Company (buys it, until Dec 1, 2020).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Unit and wells

480 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
22 not plugged
Horizontal
0
First completion
Mar 8, 2006
Latest permit
Jan 4, 2007
Wells and acres on the permits for Cochran
API numberWell no.Acreson the permit
42-371-102514480
42-371-376621480

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says COCHRAN sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for COCHRAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Olsen Energy310000$80.46$2.89
Jun 2026Olsen Energy330000$84.81$3.15
May 2026Olsen Energy330000$102.13$2.94
Apr 2026Olsen Energy350000$100.32$2.77
Mar 2026Olsen Energy390000$91.38$3.04
Feb 2026Olsen Energy38165000$64.51$3.62
Jan 2026Olsen Energy380000$60.04$7.72
Dec 2025Olsen Energy74087870$57.97$4.26
Nov 2025Olsen Energy3817042420$60.06$3.79
Oct 2025Olsen Energy380000$60.89$3.19
Sep 2025Olsen Energy470000$63.96$2.97
Aug 2025Olsen Energy47162000$64.86$2.91
Jul 2025Olsen Energy550110$68.39$3.20
Jun 2025Olsen Energy330990$68.17$3.02
May 2025Olsen Energy470550$62.17$3.12
Apr 2025Olsen Energy3516856560$63.54$3.42
Mar 2025Olsen Energy3601191190$68.24$4.12
Feb 2025Olsen Energy3901201200$71.53$4.19
Jan 2025Olsen Energy4101051050$75.74$4.13
Dec 2024Olsen Energy5217320200$70.12$3.01
Nov 2024Olsen Energy4702912910$69.95$2.12
Oct 2024Olsen Energy5202552550$71.99$2.20
Sep 2024Olsen Energy541612142140$70.24$2.28
Aug 2024Olsen Energy630550$76.68$1.99
Jul 2024Olsen Energy7202192190$81.80$2.07
Jun 2024Olsen Energy3316320200$79.77$2.54
May 2024Olsen Energy36043430$80.02$2.12
Apr 2024Olsen Energy38025250$85.35$1.60
Mar 2024Olsen Energy2802942940$81.28$1.49
Feb 2024Olsen Energy5716770700$77.25$1.72
Jan 2024Olsen Energy38088880$74.15$3.18
Dec 2023Olsen Energy1102333393390$71.90$2.52
Nov 2023Pecos River573323363360$77.69$2.71
Oct 2023Pecos River3603993990$85.64$2.98
Sep 2023Pecos River3904634630$89.43$2.64
Aug 2023Pecos River4406246240$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for COCHRAN. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Olsen Energy Inc.

  • A month that was never paid
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  • Fees taken on gas
  • Late payment interest

Around this lease

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Olsen Energy Inc. in Pecos County

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Pecos Valley (Devonian) field

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How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 37712, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.